CannabisNewsBreaks

ThursdayDec 19, 2019 1:01 pm

CannabisNewsBreaks – Agrify’s Fully Integrated Group Container Solution Selected by EOS Farm

Agrify, a developer of premium indoor grow solutions, recently announced that EOS Farm, a diversified cultivator in Pittsfield, Massachusetts, has selected Agrify’s solution — the industry’s first fully integrated, multi-grow-stage, plug-and-plant group container solution. According to the update, Agrify’s 11 group container system is modular, scalable and fully integrated will multi-stage grow capabilities to produce up to 800 pounds gross of flowers on an annual basis. “We are thrilled to partner with EOS Farm,” Agrify CEO Raymond Chang said in the news release. “They are an innovative cultivator that wants to take advantage of time to market, yet value the…

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ThursdayDec 19, 2019 9:50 am

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) Announces Year-End Overview and 2020 Outlook

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, on Wednesday announced the CEO's overview that highlights the company's 2019 performance and optimistic outlook for fiscal year 2020. According to the update, MCOA expects to close 2019 with gross sales of approximately $650,000 compared to sales of $252,135 in 2018. The company attributes the 258% year-over-year increase in sales to its successful marketing efforts in Europe and growth of its affiliate base in the U.S. “MCOA has never been better positioned to take advantage of the numerous opportunities in the cannabis sector than it is now. We…

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ThursdayDec 19, 2019 9:21 am

CannabisNewsBreaks – Green Growth Brands Inc.’s (CSE: GGB) (OTCQB: GGBXF) CAMP Animal Face Solventless Rosin Receives Awards at Jack Herer Cup, High Times Cup

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) this morning announced that its CAMP Animal Face Solventless Rosin received two awards during the week of December 9, 2019. The product was credited as best Indica vape pen cartridge at the Jack Herer Cup Las Vegas and recognized as best vape pen cartridge at the High Times Nevada Cup. “The recognition of CAMP by both the Jack Herer Cup and High Times is a truly meaningful accomplishment. Our Head Processor, Aaron Nino, and his team, along with our cultivation, merchant, and marketing teams, are doing remarkable work to bring…

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WednesdayDec 18, 2019 3:21 pm

CannabisNewsBreaks – Agrify to Provide Financing Option for Customers to Obtain Premium Indoor Grow Products

Agrify, a developer of premium indoor grow solutions, today announced that it is now directly offering a $30 million credit facility for its customers to acquire its premium indoor grow products. The line of credit is accessible for use toward any of the company’s solutions, including commercial grow containers, LED grow lighting, integrated grow systems and racks, vertical farming units, environmental mitigation solutions and more. Together with the company’s recent acquisition of TriGrow Brands and partnership with Valiant America, Agrify can provide turnkey product and installation services and can finance the complete project from start to finish. “We had super…

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WednesdayDec 18, 2019 3:10 pm

CannabisNewsBreaks – USA CBD Expo Assembles Exciting Lineup of Speakers, Vendors & Brands

USA CBD Expo, the nation’s largest CBD event, is set to take place at the Las Vegas Convention Center (“LVCC”) February 13-15, 2020. The three-day gathering is anticipated to feature over 40 expert speakers, 300 vendors and 500 brands. Topics covered at the CBD event will include health and fitness, investing, regulations, product development and agriculture. Speakers at the event include renowned CBD & hemp industry players such as Mike Lewis, co-founder of Third Wave farms; Matt Hagan, owner of TruHarvest Farms; Dara Torres, Olympic champion; Kyle Turley, retired NFL football player; and Shayna Taylor, owner of Bottle and Stone.…

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WednesdayDec 18, 2019 12:20 pm

CannabisNewsBreaks – Isracann Biosciences Inc. (CSE: IPOT) (XFRA: A2PT0E) (OTC: ISCNF) Enters MOU to Complete Cannabis Cultivation Facility Buildout

Isracann Biosciences (CSE: IPOT) (XFRA: A2PT0E) (OTC: ISCNF), an Israel-based company focused on becoming a premier low cost, high quality cannabis producer for both domestic and European export sales, on Tuesday announced its entrance into a memorandum of understanding (“MOU”) for a joint venture (“JV”) with a late stage cannabis farm in Israel. The JV is intended to complete a late stage buildout of a cannabis cultivation facility in an agricultural center proximal to several licensed producers (“LP’s”) west of Be’er Sheva, Israel (the “Be’er Sheva Farm”). Pursuant to the JV, Isracann will capitalize the buildout of the remaining construction…

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WednesdayDec 18, 2019 11:23 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expands Distribution to New Markets

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced expansion of Canadian distribution to all ten provinces, with select brands to be available in Québec and Newfoundland and Labrador. According to the update, Supreme Cannabis entered into a letter of intent with Société Québécoise du Cannabis ("SQDC") to supply 7ACRES products to retail stores across Québec. The company, on November 21, 2019, also entered into a formal agreement to supply the Newfoundland and Labrador Liquor Corporation ("NLC") with 7ACRES high-end cultivars. “With increased packaging capacity we are pleased to have the recreational supply necessary to serve new consumers…

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WednesdayDec 18, 2019 10:26 am

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Prices $5.58M Series D Cumulative Redeemable Perpetual Preferred Stock Offering

Youngevity International (NASDAQ: YGYI, YGYIP), a leading multi-channel lifestyle company, today announced the pricing of its underwritten public offering of 245,398 shares of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock at a price to the public of $22.75 per share. Youngevity expects approximately $5.58 million in gross proceeds from the offering, from which it intends to use the net proceeds for working capital and other general corporate purposes. The closing of the offering, subject to the satisfaction of customary conditions, is expected to occur on or about December 20, 2019. The shares of Series D Preferred Stock trade…

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TuesdayDec 17, 2019 11:35 am

CannabisNewsBreaks – How Marketing and PR Strategies Help CBD Brands Stand Out Amidst Tight Competition

USA CBD Expo recently published an article on the rapid growth of the cannabidiol (“CBD”) industry, as well as tips on capturing a share of the market amidst uncertainty and tight competition. The article discussed the need for both startups and established brands to deploy a mix of marketing and public relations strategies to truly stand out from competitors. Discussing the advantages of engaging PR firms and newswire services, the article reads, “Public relations strategies remain one of the most effective ways available for cannabis brands to gain recognition and reach new audiences. Consistent placements in the media can greatly…

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TuesdayDec 17, 2019 10:41 am

CannabisNewsBreaks – MCTC Holdings, Inc. (MCTC) Featured in Exclusive Audio Interview to Discuss Strategy, Plans for Exotic Cannabinoids

MCTC Holdings (OTC: MCTC), doing business as Cannabis Global Inc., today announced the broadcast of its exclusive audio interview with NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community. During the interview, Cannabis Global Chairman and CEO Arman Tabatabaei discussed the Company’s strategy to take advantage of opportunities in the cannabis industry while avoiding overcrowded market niches. “The area we are targeting is the middle part of the market, specifically the post-processing of the refined hemp and cannabis products,” Tabatabaei said in the interview. “Our aim is to take refined…

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